As the markets mature in states with legalized cannabis, several years of data has emerged showing risk and loss patterns, making marijuana business policies easier to price competitively. But even still, while there are non-standard carriers to be found to write these policies, coverage from many traditional carriers is still few and far between because of the federal taboo. (Credit: Kyle/Adobe Stock) As the markets mature in states with legalized cannabis, several years of data has emerged showing risk and loss patterns, making marijuana business policies easier to price competitively. But even still, while there are non-standard carriers to be found to write these policies, coverage from many traditional carriers is still few and far between because of the federal taboo. (Credit: Kyle/Adobe Stock)

Of all the deep thoughts entertained on this 4/20, the date cannabis users mark to celebrate the plant, few will likely be asking about how the cannabis industry and the insurance industry intersect. But in fact, there are more than a few ways that legal cannabis is impacting the insurance industry.

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